Bridgewater to Restrict Access to Flagship Fund

The macro giant, which was up in February, announced a number of changes as it transitions away from founder Ray Dalio.

Nir Bar Dea (Courtesy photo)

Nir Bar Dea

(Courtesy photo)

Bridgewater Associates has announced another flurry of changes in what is the third and final installment of the macro giant’s three-year plan and transition away from founder Ray Dalio.

The firm announced in an e-mail to employees and clients that it is restricting access to its Pure Alpha strategy, has plans to expand several businesses, and is instituting layoffs.

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